10243805falseProvision of Services as Marine Electrical Engineers2022-07-012023-06-30http://www.companieshouse.gov.uk/2022-06-30http://www.companieshouse.gov.uk/pt:PlantMachinery2022-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2022-06-30http://www.companieshouse.gov.uk/cd:Director12022-07-012023-06-30http://www.companieshouse.gov.uk/pt:PlantMachinery2023-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-06-30http://www.companieshouse.gov.uk/cd:Director22022-07-012023-06-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2022-06-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-07-012023-06-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-07-012023-06-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-07-012023-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-06-30http://www.companieshouse.gov.uk/2022-07-012023-06-30http://www.companieshouse.gov.uk/2022-06-30http://www.companieshouse.gov.uk/cd:FRS1022022-07-012023-06-30http://www.companieshouse.gov.uk/2023-06-30http://www.companieshouse.gov.uk/cd:FullAccounts2022-07-012023-06-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-07-012023-06-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 10243805

Complete Marine Solutions Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/06/2023

Prepared By:
Bernard Walsh and Co
Certified Public Accountants
5 Elm Lane
Charlton Down
Dorset
DT2 9FB

Complete Marine Solutions Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/06/2023
DIRECTORS
Neil Phillips
Daniel Wootton
REGISTERED OFFICE
102 Portland Road
Bournemouth
BH9 1NF
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10243805
BANKERS
Lloyds Bank PLC Bournemouth
ACCOUNTANTS
Bernard Walsh and Co
Certified Public Accountants
5 Elm Lane
Charlton Down
Dorset
DT2 9FB

Complete Marine Solutions Ltd

ACCOUNTS
FOR THEYEARENDED30/06/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Complete Marine Solutions Ltd

BALANCE SHEET AT 30/06/2023
20232022
Notes££
FIXED ASSETS
Tangible assets314,39915,991
CURRENT ASSETS
Stock16,99517,038
Debtors58,10010,166
Cash at bank and in hand19,20412,003
44,29939,207
CREDITORS: Amounts falling due within one year656,32653,316
NET CURRENT LIABILITIES(12,027)(14,109)
TOTAL ASSETS LESS CURRENT LIABILITIES2,3721,882
CAPITAL AND RESERVES
Called up share capital7300300
Profit and loss account2,0721,582
SHAREHOLDERS' FUNDS2,3721,882
For the year ending 30/06/2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 01/03/2024 and signed on their behalf by
.............................
Neil Phillips
Director

Complete Marine Solutions Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/06/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinery 25%
Fixtures and Fittings 15%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
2. EMPLOYEES
20232022
No.No.
Average number of employees22

Complete Marine Solutions Ltd

3. TANGIBLE FIXED ASSETS
Plant andFixtures
Machineryand FittingsTotal
£££
Cost
At 01/07/202231,6492,06533,714
At 30/06/202331,6492,06533,714
Depreciation
At 01/07/202215,21797716,194
For the year2,9251963,121
At 30/06/202318,1421,17319,315
Net Book Amounts
At 30/06/202313,50789214,399
At 30/06/202216,4321,08817,520
4. STOCK 20232022
££
Stock comprises:
Stock16,99517,038
16,99517,038
5. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors-2,166
VAT100-
Other debtors8,0008,000
8,10010,166

Complete Marine Solutions Ltd

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
VAT-31
Salaries and wages control8570
Directors current account32,15124,787
Bank Loan17,08519,900
Credit card3,4303,636
Trade creditors2,8903,859
Accruals6851,033
56,32653,316
7. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
300 Ordinary shares of £1 each300
300300